ISHARES RUSSELL MID-CAP VALU (IWS) Stock Technical Analysis
NYSEARCA:IWS - US4642874733 - ETF
138.58 USD
-0.21 (-0.15%)
138.57 USD
-0.01 (-0.01%)
We assign a technical rating of 7 out of 10 to IWS. Although IWS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Both the short term and long term trends are positive. This is a very positive sign.
IWS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
When comparing the performance of all stocks over the past year, IWS turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
In the last month IWS has a been trading in a tight range between 133.75 and 140.26.
IWS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 138.48, a Stop Loss order could be placed below this zone.
More info and screens
112.83
141.73
We found 4 important support areas.
- A support zone ranging from 135.24 to 138.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 131.22 to 132.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 117.65 to 119.39. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @113.97 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 138.81 to 140.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for IWS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for IWS is up. |
| ChartMill Relative Strength | 57.02 | NEUTRAL | IWS is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of IWS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of IWS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of IWS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 58.14 | NEUTRAL | The RSI value for IWS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests IWS has a negative trend. |
| Stochastics (14,3) | 71.37 | NEUTRAL | The Stochastics value for IWS is a neutral value. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for IWS suggests low volalility. |
| Average Directional Index/ADX (14) | 27.8 | POSITIVE | The high ADX value value for IWS suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 140.34 | 136.74 | 3.60 (2.57%) | 25.00% |
| An entry @140.34. This is a Buy Stop order right above the resistance zone. | An exit @136.74. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 3.60 points, which is 2.57%. | For a 0.64% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
138.58
-0.21 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.15%
1 Week0.68%
2 Weeks0.25%
1 Month3.86%
3 Month7.71%
6 Month10.69%
12 Month7.21%
2 Year32.82%
3 Year44.28%
5 Year71.43%
10 Year106.56%
15 Year243.28%
Volatility
ATR(14)1.34
ATR(20)%1.01%
ATR Inc-21.24%
Range Today1.05
ADR(20)1.25
ADR(20)%0.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.02
Mansfield-0.37
10 Day High140.26
10 Day Low136.75
20 Day High140.26
20 Day Low133.75
52 Week High140.95
52 Week Low108.85
CS1 End138.48
CR1 Start138.81
Volume & EV
DER(3)-3.05%
DER(5)-1.92%
Volume830.30K
Volume Incr26.89%
Vol(5)407.46K
Vol(50)396.49K